Collective Bargaining Agreements During Recession

Law360, New York (August 7, 2009, 11:53 AM EDT) -- While companies are diligently working to survive the global recession, the weight of costs from collective bargaining agreements ("CBA") once negotiated in better economic times have become increasingly burdensome.

Unionized companies in every business sector are eager to reduce these financial burdens including the requirements imposed by their CBAs. To this end, many unionized companies are seeking concessions from the unions that represent their employees.

Such employers should understand the legal aspects of concession bargaining and develop strategies to make such negotiations both fruitful and effective....
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